FWRG — First Watch Restaurant Group, Inc.

Nasdaq · Consumer Discretionary · Hotels, Restaurants & Leisure · CIK 1789940 ·
Last close
$12.39
Market Cap
$763.78M
52W High
$13.82
52W Low
$9.97
ADV30
1,426,463
Next earnings
2026-08-04
First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 330,959,000 63,669,000 2,328,000 -2,685,000 1,774,055,000 23,565,000 1,146,398,000
Dec 2025 316,352,000 61,941,000 9,485,000 15,164,000 1,742,029,000 21,246,000 1,115,750,000
Sep 2025 316,022,000 64,061,000 10,653,000 2,991,000 1,720,229,000 20,714,000 1,112,918,000
Jun 2025 307,887,000 59,680,000 8,359,000 2,106,000 1,675,993,000 19,177,000 1,074,680,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$125,912,000
Investing CF
$-213,764,000
Financing CF
$75,786,000
CapEx
$-157,756,000
Dividends Paid
Buybacks
EPS Diluted TTM
$0.31
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-34,390,000
Inventory
$7,174,000
Receivables
$6,859,000
ST Investments
EBIT TTM
$28,832,000
Pretax Income TTM
$12,133,000
Interest Exp TTM
$16,699,000
Analysts
11

Yahoo Snapshot (yfinance, live)

Total Revenue
$1,271,219,968
EBITDA
$113,096,000
Free Cash Flow
$-38,230,624
Enterprise Value
$1,771,404,160
Total Cash
$23,565,000
Total Debt
$1,031,188,992
Shares Out
61,644,885
Trailing EPS
$0.28
Book Value
$10.19
ROE
2.9%
ROA
1.3%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 1,222,501,000 30,492,000 19,432,000 1,742,029,000 1,115,750,000 125,912,000
Dec 2024 1,015,910,000 42,019,000 18,925,000 1,514,356,000 918,967,000 115,673,000
Dec 2023 891,551,000 45,773,000 25,385,000 1,267,045,000 705,761,000 95,338,000
Dec 2022 730,162,000 20,346,000 6,907,000 1,104,446,000 581,311,000 62,937,000

TTM Snapshot

Revenues TTM
$815,114,000
NetIncome TTM
$8,359,000
OpCashFlow TTM
$0
Assets (Latest)
$1,514,356,000
Forward EPS
$0.27

Max Pain — expiry 2026-08-21

max pain strike: $12.50 · spot: $11.85 · call oi: 968 · put oi: 1,939
Expected Move to 2026-08-21: ±$2.58 (21.73%) — implied range $9.28$14.43 · ATM straddle on $12.50 strike

Peers — same industry

TickerNameMarket CapLastDaily %
BALY Bally's Corp $731.78M $14.95
FBYD Falcon's Beyond Global, Inc. $723.42M $14.76
HDL SUPER HI INTERNATIONAL HOLDING LTD. $807.83M $13.73
BLMN Bloomin' Brands, Inc. $709.74M $8.29
BH Biglari Holdings Inc. $708.06M $339.90

News headlines (Yahoo Finance, 1h cache)

Sit-Down Dining Stocks Q1 Highlights: First Watch (NASDAQ:FWRG)
2026-06-11 17:29 · Yahoo
Why Is First Watch (FWRG) Stock Rocketing Higher Today
2026-06-10 20:25 · Yahoo
First Watch appoints CFO
2026-06-09 10:41 · Yahoo
First Watch Restaurant Group, Inc. Announces Appointment of Ashlee Weisser to Chief Financial Officer
2026-06-08 20:11 · Yahoo
How The Narrative On First Watch Restaurant Group (FWRG) Is Shifting With New Analyst Targets
2026-06-05 01:10 · Yahoo
3 Small-Cap Stocks We Find Risky
2026-06-04 23:25 · Yahoo
3 Russell 2000 Stocks with Open Questions
2026-05-20 12:04 · Yahoo
3 Stocks Under $50 with Questionable Fundamentals
2026-05-17 05:32 · Yahoo
The Top 5 Analyst Questions From First Watch’s Q1 Earnings Call
2026-05-15 06:44 · Yahoo
How The Investment Story Is Shifting For First Watch Restaurant Group (FWRG)
2026-05-11 07:14 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.